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Spending Cut Not Haircut--FAS To Curb Personal Spending

 

Updated : Jun 8, 2009

FAS has cancelled corporate credit cards as part of new financial reforms which are aimed at controlling spending.

Only one corporate credit card, which has a limit of €7,000 and can only be used for online purchases, is to be used by FAS staff. All others have been cancelled, a spokesperson said.

The restrictions on use of a credit card, spending limits and the changes in procurement methods have been introduced for all FAS officials.

And new procurement procedures have also been issued with changes to how many quotes are needed by bidders for FAS contracts, while staff with procurement responsibility are receiving new training.

VeryHappyPig says you might see the Fas head Honcho’s shifting through the Deals Stye, VHP’s bargain section in a bid to find a cheap barbers!

 

 

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